Southern Cross Gold Consolidated: Two New High-Grade Intercepts Announced at the Golden Dyke Prospect
On March 26, 2025, Southern Cross Gold Consolidated Ltd (TSXV: SXGC, ASX: SX2, OTC Pink: MWSNF, FSE: MV3) (“Southern Cross Gold” or the “Company”) made an exciting announcement regarding the results from two drill holes, SDDSC147 and SDDSC151, at the Golden Dyke prospect, which is part of the Company’s 100%-owned Sunday Creek Gold-Antimony project in Victoria, Australia. These drill holes represent the deepest east-west oriented holes drilled at the Golden Dyke prospect to date.
Significant Intercepts
The two drill holes yielded impressive results, with intercepts of over 50 grams per tonne (g/t) of gold equivalent (AuEq) for significant lengths. Specifically:
- SDDSC147: 10.0 meters (m) @ 83.3 g/t AuEq from 167.5 m, including 1.0 m @ 272.4 g/t AuEq from 168.5 m
- SDDSC151: 6.0 m @ 61.0 g/t AuEq from 152.5 m, including 1.0 m @ 170.7 g/t AuEq from 153.5 m
Impact on Southern Cross Gold and the Mining Industry
For Southern Cross Gold, these impressive results mark a significant milestone in the ongoing exploration efforts at the Golden Dyke prospect. The Company’s management team is optimistic about the potential for further high-grade discoveries, as the drill results suggest a robust mineralized system. This, in turn, could lead to increased investor interest and potentially higher stock prices for Southern Cross Gold.
Global Implications
Beyond Southern Cross Gold, these high-grade intercepts contribute to the growing body of evidence supporting the potential for significant gold discoveries in Victoria, Australia. This news could encourage further exploration activities in the region, potentially leading to increased economic opportunities and job growth. Additionally, it reinforces the broader trend of the mining industry’s focus on discovering high-grade deposits, as companies seek to maximize resource efficiency and profitability.
Conclusion
In summary, Southern Cross Gold’s recent announcement of high-grade intercepts from drill holes SDDSC147 and SDDSC151 at the Golden Dyke prospect represents an exciting development for the Company and the mining industry as a whole. These results not only underscore the potential for significant gold discoveries in Victoria, Australia, but also highlight the importance of ongoing exploration efforts in the sector. As Southern Cross Gold continues to explore the Golden Dyke prospect, investors and industry professionals will be closely watching for further developments.
